ELEMENTS Linked to the MLCX Grains Index ETN chart

Last update: 2022-12-30
Key statistics and financials
Three year average return 11.76%
YTD return -0.64%
Beta 3Y 0.41
Total Assets 6.17M
Annual report expense ratio 0.75%

Company description

The index is designed reflect the performance of a fully collateralized investment in the four exchange-traded futures contracts on four physical commodities: corn, soybeans, soy meal and wheat.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to ELEMENTS Linked to the MLCX Grains Index ETN:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ELEMENTS Linked to the MLCX Grains Index ETN. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ELEMENTS Linked to the MLCX Grains Index ETN

Here is the result of two systematic investment strategies applied to ELEMENTS Linked to the MLCX Grains Index ETN. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ELEMENTS Linked to the MLCX Grains Index ETN

The following chart shows the equity curve of the two systematic investment strategies applied to ELEMENTS Linked to the MLCX Grains Index ETN:

ELEMENTS Linked to the MLCX Grains Index ETN automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 25.89% on the backtest period.

Performance at glance

Performance

25.89 %

Latent gain

581.95 $

Invested capital

2247.45 $

Annualized return

6.28 %
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Momentum strategy results on ELEMENTS Linked to the MLCX Grains Index ETN

This is the result of two momentum investment strategies applied to ELEMENTS Linked to the MLCX Grains Index ETN. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ELEMENTS Linked to the MLCX Grains Index ETN

The following chart shows all the entries opened by the momentum investment system on ELEMENTS Linked to the MLCX Grains Index ETN:

ELEMENTS Linked to the MLCX Grains Index ETN momentum entries
  • The first momentum investment strategy would give 33.35% of return on ELEMENTS Linked to the MLCX Grains Index ETN. That represents 1916.37$ of latent gain with 5746.23$ of employed capital.
  • The second momentum investment strategy would give 32.33% of return on ELEMENTS Linked to the MLCX Grains Index ETN. That represents 1132.51$ of latent gain with 3502.89$ of employed capital.
Performance at glance (1Q Momentum)

Performance

33.35 %

Latent gain

1916.37 $

Invested capital

5746.23 $

Annualized return

29.08 %
Performance at glance (2Q Momentum)

Performance

32.33 %

Latent gain

1132.51 $

Invested capital

3502.89 $

Annualized return

8.88 %

Momentum equity curve on ELEMENTS Linked to the MLCX Grains Index ETN

The following chart shows the equity curve of the two momentum strategies applied to ELEMENTS Linked to the MLCX Grains Index ETN:

ELEMENTS Linked to the MLCX Grains Index ETN momentum equity

Note: the dividends potentially given by ELEMENTS Linked to the MLCX Grains Index ETN are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ELEMENTS Linked to the MLCX Grains Index ETN

The following chart shows the employed capital evolution of the two momentum strategies on ELEMENTS Linked to the MLCX Grains Index ETN since the beginning:

ELEMENTS Linked to the MLCX Grains Index ETN

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on ELEMENTS Linked to the MLCX Grains Index ETN

Buy the dip entry openings on ELEMENTS Linked to the MLCX Grains Index ETN

ELEMENTS Linked to the MLCX Grains Index ETN

The performance achieved by the robo-advisor on ELEMENTS Linked to the MLCX Grains Index ETN is 61.65%. That represents 154.16$ of latent gain with 250.04$ of employed capital. The following chart shows ELEMENTS Linked to the MLCX Grains Index ETN stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ELEMENTS Linked to the MLCX Grains Index ETN, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

61.65 %

Latent gain

154.16 $

Invested capital

250.04 $

Annualized return

29.08 %

Equity curve of the strategy applied to ELEMENTS Linked to the MLCX Grains Index ETN

The following chart shows the result of the investment strategy applied to ELEMENTS Linked to the MLCX Grains Index ETN:

ELEMENTS Linked to the MLCX Grains Index ETN

Note: the dividends potentially given by ELEMENTS Linked to the MLCX Grains Index ETN are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ELEMENTS Linked to the MLCX Grains Index ETN

The following chart shows the employed capital evolution since the beginning of the investment strategy on ELEMENTS Linked to the MLCX Grains Index ETN:

ELEMENTS Linked to the MLCX Grains Index ETN

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ELEMENTS Linked to the MLCX Grains Index ETN

In this section, I will compare the three previous investment strategies applied to ELEMENTS Linked to the MLCX Grains Index ETN.

Equity curve comparison on ELEMENTS Linked to the MLCX Grains Index ETN

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ELEMENTS Linked to the MLCX Grains Index ETN investment strategy comparison

Employed capital comparison on ELEMENTS Linked to the MLCX Grains Index ETN

ELEMENTS Linked to the MLCX Grains Index ETN investment comparison

Performance comparison on ELEMENTS Linked to the MLCX Grains Index ETN

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 25.89% 581.95$ 2247.45$ 6.28%
Momentum 1 quarter 33.35% 1916.37$ 5746.23$ 8.6%
Momentum 2 quarters 32.33% 1132.51$ 3502.89$ 8.88%
Non-directional 61.65% 154.16$ 250.04$ 29.08%
Annualized return comparison

Automatic investment

6.28 %

Momentum 1Q

8.88 %

Momentum 2Q

8.88 %

Non-directional

29.08 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ELEMENTS Linked to the MLCX Grains Index ETN:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • Schwab U.S. Tips ETF

  • Note: The algorithm computes the probability of correlation between ELEMENTS Linked to the MLCX Grains Index ETN and the other stocks. There may be false positives or some missing correlated stocks. If the price of ELEMENTS Linked to the MLCX Grains Index ETN does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name ELEMENTS Linked to the MLCX Grains Index ETN
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker GRU
    Market

    ELEMENTS Linked to the MLCX Grains Index ETN ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown